NG Game Plan 11-19-2019

Nov 19, 2019

There is a 1-day green dot on the chart that has not printed. We use the 1-day dot as a warning signal and the 2-day dot as an entry signal. Remember, the 1-day dot might disappear intraday if NG continues to go lower. There is one improvement today from yesterday which is that NG is still within Average Daily Range (ADR) of 2.446 to 2.544.

I am waiting for the 2-day dot before entering and will only enter UGAZ on the 1-day dot if there a fast moving, big green fatty, on heavy volume, that breaks ADR. There also needs to be a green dot on both the 1 hour and 4 hour charts.

Key Levels:
Above: 2.544 (ADR), 2.551 (.382 FIB)
Below: 2.48 (.50 FIB/200 EMA), 2.446 (50 ADR), 2.409 (.618 FIB)

View my YouTube videos applying this trading system to other tickers at youtube.com/channel/UCosTSpoJDhhGv9vfaakG-Dg

Nov 19, 2019

Note

Buy & Sell indicator used was Swing•Genie
stockdotgenie.com
Swing•Genie provides novice traders the same abilities as experienced and professional traders - the first time they use it! These professional trading skills often take years for traders to develop. Swing•Genie quickly and accurately analyze stock charts even providing signals that anticipate where that stock will go next, with a very high level of confidence.